TLDR:
- A delegation from VCPEAB proposed initiatives to boost venture capital and startups in Bangladesh during a meeting with the Ministry of Commerce.
- Initiatives include enhancing Export Promotion Bureau (EPB) and Business Promotion Council (BPC) capabilities and organizing international trade and investment seminars.
A five-member delegation from Venture Capital and Private Equity Association of Bangladesh (VCPEAB) met with Ahasanul Islam Titu, State Minister of Commerce, to discuss initiatives to enhance venture capital and startups in Bangladesh. The proposed initiatives include enhancing the capabilities of Export Promotion Bureau (EPB) and Business Promotion Council (BPC) by increasing their funding and organizing international trade and investment seminars, B2B matchmaking, and exhibitions to boost exports and attract foreign investment.
During the meeting, Commerce State Minister Ahasanul Islam Titu expressed support from the Ministry of Commerce, EPB, and BPC to help venture capital firms attract global investment and promote startups in various countries. President of VCPEAB, Shameem Ahsan, highlighted the strategic initiatives aimed at fostering the growth of Bangladesh’s venture capital, private equity, and startup ecosystem. VCPEAB works to strengthen local startups, venture capital, and private equity firms to compete in the global market.
With a focus on capacity building, international partnerships, and expert consulting, the aim is to enhance startups’ contributions to exports and job creation. VCPEAB collaborates with local and foreign venture capital companies and associations to promote investments in Bangladesh and pave a prosperous path for the country’s venture capital, startups, and SMEs.
